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Recessions are periods of economic pessimism accompanied by a decrease in business and personal spending, an increase in unemployment, a decline in real estate prices and a drop in the stock market. How do you protect your income during these dire circumstances?

First, you remember that every crisis is accompanied by an equal or greater opportunity. Second, you identify those areas of opportunity. Third, you act.

Let’s dive into the actions you can immediately take to protect yourself. [Read more…] about How to Protect Your Income During the COVID-19 Recession?

With the COVID-19 pandemic raging worldwide and the total case count surpassing one million worldwide, the stock market entered nearly total free-fall in March 2020.

Stock Market Freefall

The plunge began on Monday, March 9, with the largest point drop for the Dow Jones Industrial Average (DJIA) in recent history.

Shortly thereafter, on March 12 and March 16, there were two more record-setting point drops.

In total, these three days —which happened within the span of a single week—were three of the worst stock market point drops in U.S. history. [Read more…] about Has the Stock Market Hit Bottom Yet? (COVID-19 Predictions)